UK business news, economic analysis, market updates, small enterprise features, and coverage of high street trends, startups, and corporate developments.
The government has announced an extension of the windfall tax on North Sea oil and gas producers, raising the levy rate and extending the sunset clause to 2029.
The Bank of England has held the base interest rate at 5.25% for the fifth consecutive meeting, offering some relief to homeowners but signalling caution on inflation.
A major high street retailer has entered administration, putting hundreds of jobs at risk and raising fresh concerns about the future of brick-and-mortar retail in the UK.
A new government grant scheme offering up to £25,000 for small businesses has opened for applications, aiming to boost innovation and job creation in local communities.